Is it true that the combined state and federal personal income tax rate is the sum of

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Is it true that the combined state and federal personal income tax rate is the sum of the two rates? Why?

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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Question Posted: Mar 16, 2016 02:48 AM

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Is it true that the combined state and federal personal income tax rate is the sum of

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Fundamentals of Investments

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